Commonwealth Business Bank (OTCMKTS:CBBI – Get Free Report) released its earnings results on Friday. The company reported $0.48 EPS for the quarter, Zacks reports.
Commonwealth Business Bank Trading Up 3.5%
CBBI stock traded up $0.47 during trading hours on Friday, hitting $13.89. 1,700 shares of the stock traded hands, compared to its average volume of 4,558. The stock has a 50-day simple moving average of $13.91 and a 200 day simple moving average of $12.74. The company has a market cap of $147.53 million, a P/E ratio of 7.55 and a beta of 0.13. Commonwealth Business Bank has a one year low of $10.38 and a one year high of $14.24.
Commonwealth Business Bank Company Profile
Commonwealth Business Bank is a community-focused commercial bank that provides banking services to small and mid-sized businesses, professionals and individual customers. Its offerings include business and personal checking and savings accounts, commercial and real estate lending, lines of credit, residential mortgage loans and other traditional deposit and lending products.
The bank has historically emphasized relationship-based banking and service to business owners and local communities, including Korean American and other multicultural business communities.
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